326 Wade Hampton BlvdGreenville, SC 29609

  • Turn key restaurants
  • 0.52 AC

Property Details for 326 Wade Hampton Blvd

Lot size
0.52 AC
Zone code
C3
Property type
Turn key restaurants
APN
0188.01-10-004.00
APU
188011000400

Description

This exceptional 0.52-acre commercial property is located on Greenville's highly desirable Wade Hampton Boulevard, a key area targeted for significant development as outlined in the GVL2040 and Wade Hampton Boulevard Strategic Plans. The property boasts a 2,400 square foot building currently zoned MX-2, suitable for either office or retail use, although demolition to accommodate new construction is a viable option. Its strategic location offers significant advantages, including 146 feet of frontage on Wade Hampton Boulevard, providing excellent visibility and accessibility. A secondary access point on Dupont Drive further enhances convenience and logistical flexibility. This mixed-use land presents a rare opportunity to capitalize on the burgeoning growth and development within this thriving Greenville corridor. The property's versatility and prime location make it an ideal investment for developers and businesses seeking a high-impact presence in a rapidly expanding market. The existing building provides immediate income potential or a solid foundation for redevelopment. Don't miss this chance to secure a piece of Greenville's vibrant future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,020,900
    6.5%
    $6,480,831
    7%
    $6,017,914
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,672,468
    Geo Method
    $4,672,468
  • Alternative Use

    Use
    Valuation
    Residential
    $5,466,824
    Hospitality
    $5,007,581
    Educational
    $4,166,248
    Medical
    $4,309,532
    Retail
    $6,480,831

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8644
Longitude
-82.3819
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,818
$6,720
$2,570
$9,290
-
$111,920
$42,900
$154,820

FAQs

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